UK Shapewear Market Size & Outlook, 2020-2028
UK shapewear market, 2016-2028 (US$M)
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UK shapewear market highlights
- The UK shapewear market generated a revenue of USD 94.0 million in 2020 and is expected to reach USD 180.3 million by 2028.
- The UK market is expected to grow at a CAGR of 8.5% from 2021 to 2028.
- In terms of segment, female was the largest revenue generating end user in 2020.
- Male is the most lucrative end user segment registering the fastest growth during the forecast period.
Shapewear market data book summary
| Market revenue in 2020 | USD 94.0 million |
| Market revenue in 2028 | USD 180.3 million |
| Growth rate | 8.5% (CAGR from 2020 to 2028) |
| Largest segment | Female |
| Fastest growing segment | Male |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Female, Male |
| Key market players worldwide | Nike Inc Class B, Adidas AG, Wacoal Holdings Corp, Under Armour Inc Class A, Spanx, Triumph International, Leonisa USA, 2XU, SKINS |
Other key industry trends
- In terms of revenue, UK accounted for 4.9% of the global shapewear market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany shapewear market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 180.3 million by 2028.
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Shapewear Market Scope
Shapewear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK shapewear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shapewear market will help companies and investors design strategic landscapes.
Female was the largest segment with a revenue share of 94.26% in 2020. Horizon Databook has segmented the UK shapewear market based on female, male covering the revenue growth of each sub-segment from 2016 to 2028.
Manufacturers in the country have a strong distribution network, with apparel retailers accounting for 40-60% of the distribution in the country. Most retailers target young consumers, while others target older demographics depending on the product pricing.
Innovation in fabrics, design, fit, and material has been boosting the segment growth. Moreover, rising product launches and portfolio expansions by brands in the men’s shapewear segment is favoring the market growth.
Brands such as Bruno Banani, HOM, Jockey, Modus Vivendi, and Olaf Benz offer vast product portfolios in the men’s shapewear category. The rising number of smartphone and internet users has been boosting the sales of shapewear through online channels.
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Target buyers of UK shapewear market databook
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Our clientele includes a mix of shapewear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK shapewear market , including forecasts for subscribers. This country databook contains high-level insights into UK shapewear market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UK shapewear market size, by end user, 2016-2028 (US$M)
UK Shapewear Market Outlook Share, 2020 & 2028 (US$M)
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